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U.S. WCoast Products - Gasoline gains
HOUSTON, Jan 18 (Reuters) - Los Angeles market wholesale gasoline gained a penny per gallon on Tuesday as the January contract neared the end of its trading period, dealers said.
January-delivery CARBOB gasoline finished at a 3-cent-per-gallon discount to NYMEX February RBOB gasoline in L.A., having opened as low as 7 cents under. January L.A. CARBOB finished on Friday at 4 cents under.
San Francisco Bay market CARBOB traded at a 1.5-cent discount to NYMEX RBOB.
February L.A. CARBOB sold at 7.5 cents a gallon on top of NYMEX March RBOB.
Portland gasoline weakened to a bid-offer spread of 3 cents under/1 cent over February NYMEX RBOB.
West Coast refined products prices spiked last week due to the temporary shutdown of the Trans Alaska Pipeline. A leaking section of the pipeline was repaired over the weekend, and crude began flowing through it on Monday.
Los Angeles January CARB diesel was in a bid-offer spread at 3 cents/1 cent under February NYMEX heating oil. In San Francisco, CARB diesel was even to L.A.
L.A. January EPA-grade ultra-low-sulfur diesel rose 3 cents to 6 cents/3 cents under February NYMEX heating oil.
Los Angeles market jet fuel stayed unchanged at 2 cents under/1 cent over NYMEX heating oil.
Diesel in Portland was down a penny at 3 cents under/1 cent over NYMEX heating oil.
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